Along with quarterly results this week, some key producers reported a hike in capital spending plans for the year.
November 3, 2017, 6 AM MDT
As demand for more fracking spreads increases in Western Canada in response to growing well counts, pressure pumping companies are struggling to find crews to man re-activated equipment, Trican Well Service Ltd. president and chief executive officer Dale Dusterhoft said in announcing Trican’s 2017 third quarter results.
November 3, 2017, 6 AM MDT
Murphy Oil Corporation continues to ramp-up activity at its Tupper Montney play in northeastern British Columbia and production from the play is set to increase once recently completed wells come online.
November 3, 2017, 6 AM MDT
Drilling rig activity in Western Canada and the Top 5 active operators as of Nov. 3, 2017, as reported this morning by Rig Locator.
November 3, 2017, 11:24 AM MDT
November 3, 2017, 11:29 AM MDT
Bonavista Energy Corporation took advantage of historically-low AECO prices in Q3 2017, saving its own natural gas in favour of purchasing gas at bottom prices and selling it on hedges.
November 3, 2017, 11:18 AM MDT
Crew Energy Inc. says it elected to shut-in 2,600 boe/d during the third quarter which resulted in approximately $1 million of incremental funds from operations, attributable to not producing gas at low spot prices and avoiding delivery of gas into higher-cost interruptible transportation service.
November 3, 2017, 9:14 AM MDT
Ongoing reforms are making it easier than ever for Canadian companies to do business in China and seize Belt and Road Initiative (BRI) opportunities
November 3, 2017, 6 AM MDT
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November 3, 2017, 4:26 AM MDT
Bitumen-weighted Athabasca Oil Corporation swung to a profit of $5.11 million in the third quarter from a loss of $33.03 million in the same period last year.
November 3, 2017, 11:43 AM MDT
Pembina Pipeline Corporation achieved record revenue volumes in the third quarter of 2017 thanks to a full quarter of contribution from its Phase III pipeline expansion that was placed into service at the end of the second quarter of this year.
November 3, 2017, 7:54 AM MDT
November 3, 2017, 4:21 AM MDT
As the industry is demanding greater efficiency, many service providers, including PHX Energy Services Corp., are developing technologies focused on remote operations and automating services.
November 3, 2017, 6:08 AM MDT
Horizon North Logistics Inc. is adjusting to a new pricing reality for its services in the Fort McMurray area, as the company’s large camp activity levels saw revenue per average available bed at $34 in the third quarter of this year, compared to $44 in Q3 2016.
November 3, 2017, 11:45 AM MDT
Advantage Oil & Gas Ltd. increased its natural gas fixed price hedging positions to 56 per cent of natural gas production for the fourth quarter of 2017 at $3.27 per mcf and 61 per cent of production for the first quarter of 2018 at $3.34.
November 3, 2017, 6:57 AM MDT
Yangarra Resources Ltd.’s production averaged 6,025 boe/d (55 per cent liquids), an increase of 131 per cent from the third quarter of 2016.
November 3, 2017, 6 AM MDT
TORC Oil & Gas Ltd. has entered into agreements to acquire strategic, tuck-in assets in both its Cardium and southeast Saskatchewan core areas, the company announced today in releasing third quarter results.
November 3, 2017, 8:46 AM MDT
The federal government announced an investment of $13.5 million, through Sustainable Development Technology Canada (SDTC), to advance technologies being developed by small and medium-sized clean tech enterprises.
November 3, 2017, 10:22 AM MDT
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November 3, 2017, 4:47 AM MDT
Suncor Energy Inc. and PetroNor announced the purchase by Suncor of a 41 per cent equity interest in PetroNor, a petroleum products distributor across the James Bay and Abitibi-Témiscamingue regions of Quebec.
November 3, 2017, 5:45 AM MDT
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November 3, 2017, 10:46 AM MDT
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